India’s leading plastics product manufacturer to Acquire Wavin India’s Piping Business for USD 30 Million, Expanding Capacity by 73,000 MT and Gaining Exclusive Technology Access for Seven Years
India’s leading plastics product manufacturer to Acquire Wavin India’s Piping Business for USD 30 Million, Expanding Capacity by 73,000 MT and Gaining Exclusive Technology Access for Seven Years

India’s leading plastics product manufacturer to Acquire Wavin India’s Piping Business for USD 30 Million, Expanding Capacity by 73,000 MT and Gaining Exclusive Technology Access for Seven Years

With a PE ratio of 41.4x, the company trades at a premium compared to the industry PE of 27.4x. The company has ROCE of 28.6 per cent and ROE of 21.7 per cent.

DSIJ Intelligence Article rating: 5.0
Budget 2022: FM pumps additional allocation into Har Ghar, Nal Se Jal Scheme
Budget 2022: FM pumps additional allocation into Har Ghar, Nal Se Jal Scheme

Budget 2022: FM pumps additional allocation into Har Ghar, Nal Se Jal Scheme

The shares of plastic pipe manufacturers namely, Astral, Finolex Industries, and Supreme Industries are trading in the green territory with decent gains.

DSIJ Intelligence Article rating: 5.0

The plastic pipe sector has shown resilience by recovering from the pandemic-induced slowdown in the first two-quarters of FY21.

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